Granada Gold Mine (CVE:GGM) Trading 40% Higher – Here’s Why

Granada Gold Mine Inc. (CVE:GGMGet Free Report) was up 40% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 241,828 shares changed hands during mid-day trading, an increase of 190% from the average daily volume of 83,493 shares. The stock had previously closed at C$0.03.

Granada Gold Mine Stock Up 40.0 %

The firm has a market cap of C$5.56 million, a price-to-earnings ratio of -3.50 and a beta of 2.55. The business has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03.

About Granada Gold Mine

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Granada Gold Mine Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds a 100% interest in the Granada gold property, which owns 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec.

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